Finally, HDFC Bank will cross USD 1 Bn in profits this Year. Also note that valuations for HDFC Bank are at peak levels compared to its historical valuation band. The valuation premium over its peers, i.e. ICICI Bank and Axis Bank are at peak levels and has increased over last 3-6 months. This is an ANY TIME BUY & HOLD for Long Term and a Must BUY Stock on Correction from our Portfolio Managers.